29 "Cost of Goods Sold (COGS) as a % of Revenue is 70% this year. And you expect COGS as a % of Rev to be 70% in 2022. And you project revenue to be $1,093 in 2022. What do you project COGS to be in 2022?" $721 $743 $765 5788 QUESTION 30 Assume no deductions or adjustments to your taxable income. Your taxable income is $90,000 Taxable Income Rate $0-$9,875 at 10% (Hint ($9,875-$0) x 10% $987) 9,875-40,125 at 12% (Hint: ($40,125-$9,875) x 12% = $3,630) 40,125-85,525 at 22% (Hint: ($85,525-$40,125) x 22% = $9,988) 85,525-163,300 at 24% (Hint: ($90k-$85,525) x 24% = $1,074) What is your tax liability? So Click Save and Submit to save and submit, Chek Sane All Answers to save all answers O Silve All Abe Question Completion Status: QUESTION 26 Upfront Fixed Cost $10 million. Sales Price $30 per unit. Cost $20 per unit. What is break even in terms of number of units? 01,000,000" 10,000,000 O17,000,000" 20,000,000" QUESTION 27 "Last year, a factory manufactured 75 sneakers. It was operating at 75% of capacity. How many additional sneakers can be made before the factory reaches capacity and a new factory will have to be built?" 00 10 25 75 QUESTION 28 "If you are a customer looking to enter into a stock transaction, you may buy or sell from a broker. The bid price represents the maximum price that a broker is willing to pay you for a share of your stock. The ask price represents the minimum price that a broker is willing to receive from you for that same security Which statement is most likely true?" Bid is higher than Ask Ask is higher than Bid Bid is the same as Ask Click Save and Submit to save and submit. Click Save All Answers to save all answers, 0 HE 223 hp a 3:33364 3.33334 p 3.33334 po Question Completion Status: QUESTION 26 Upfront Fixed Cost $10 million. Sales Price $30 per unit. Cost $20 per unit. What is break even in terms of number of units? 01,000,000" 10,000,000 O17,000,000" 20,000,000" QUESTION 27 "Last year, a factory manufactured 75 sneakers. It was operating at 75% of capacity. How many additional sneakers can be made before the factory reaches capacity and a new factory will have to be built?" 00 10 25 75 QUESTION 28 "If you are a customer looking to enter into a stock transaction, you may buy or sell from a broker. The bid price represents the maximum price that a broker is willing to pay you for a share of your stock. The ask price represents the minimum price that a broker is willing to receive from you for that same security Which statement is most likely true?" Bid is higher than Ask Ask is higher than Bid Bid is the same as Ask Click Save and Submit to save and submit. Click Save All Answers to save all answers, 0 HE 223 hp a 3:33364 3.33334 p 3.33334 po QUESTION 23 Which statement is most likely false regarding the Standard & Poor s 500 Index? O Price-weighted 500 large firms traded on an exchange O Representative of the industries in the Economy of the United States Value-weighted QUESTION 24 "Which excel formula below are you most likely to utilize to solve the question, What is the future value (FV) of a 3-year Annuity with payments of $400 at 5%25 ORATE(3-400,0,1261)" OFV(0.05,3-400) ONPER(0.05-400.0.1261)" OPMT(0.05.3.0.1261) QUESTION 25 4 Which do you think will have the greatest future value? $100 at 10% interest that is compounded Annually O Semi-Annually Quarterly Monthly Click Save and Submit to save and submit. Click Save Alters to say of arters. 20 a Save AA G Quitation Complition Status: QUESTION 20 Which of the following is not one of the three key financial statements in an annual report? Income Statement Balance Sheet O Cash Flow Statement Mortgage Payment Schedule QUESTION 21 Today, a Company s Price to Earnings ratio (P/E Ratio) is 10.0x. PIE Price per Share / Earnings per Share. Tomorrow, if new information comes out and becomes public that the product sales will triple, what do you think could be the P/E ratio tomorrow?" 80x 0.90x 10.0x 11.0x QUESTION 22 4 A 10-K is a document a Company uses to provide information to investors. Which of the following are you not likely to find in a Company s 10-K (annual report)? Risk Factors O Management s Discussion and Analysis of Operations Information that would put the Company at a significant competitive disadvantage Chick Save and Submit to save and submit. Click Soutes to sute of answers. O Save All QUESTION 17 Revenue grew from 5971 last year to $1,000 this year. Hence the growth rate is 3%. If you projected revenue growth next year to be 3%, what do you project revenue to be next year?"